There are multiple listings for this address:
Discover a unique and outstanding investment opportunity nestled in the heart of Sarasota’s sought-after Gillespie Park neighborhood. This remarkable collection consists of three parcels featuring a charming main Florida bungalow home, a detached 1-bedroom apartment, plus two additional single-family homes, each with three bedrooms. Embrace the luxury of owning nearly 0.69 acres of prime real estate in a vibrant community. 30,000 square feet of land offers a mixture of Downtown Edge (DTE) and Downtown Neighborhood (DTN) zoning. DTE zoning allows for up to 25 units an acre, and DTN allows for up to 12 units an acre; however, the DTE portion qualifies for the
Density Bonus program, which qualifies for the development of up to 34 units and commercial space.
The centerpiece of this fascinating compound is the main bungalow house, a true gem that radiates warmth and comfort, perfectly complemented by a serene pebble tech swimming pool and an inviting paver patio, ideal for soaking up the Florida sun or hosting unforgettable gatherings. The carefully designed outdoor spaces promise endless hours of relaxation and enjoyment.
Adding to the allure, a cozy 1-bedroom apartment offers privacy and convenience with its separate parking and entrance, presenting a perfect opportunity for rental income or guest accommodation.
The two additional parcels, each featuring a 3-bedroom single-family home, offer a wealth of options for the discerning investor or homeowner. Live in the main residence and generate income by renting out the other structures, or explore the potential to develop new in this prime location.
Gillespie Park is well-known for its tranquil atmosphere, friendly community, and proximity to Downtown Sarasota’s bustling array of shops, restaurants, arts, and entertainment options. This is a rare chance to own a piece of Sarasota’s charm with the added flexibility and potential that these parcels offer.
Density Bonus program, which qualifies for the development of up to 34 units and commercial space.
The centerpiece of this fascinating compound is the main bungalow house, a true gem that radiates warmth and comfort, perfectly complemented by a serene pebble tech swimming pool and an inviting paver patio, ideal for soaking up the Florida sun or hosting unforgettable gatherings. The carefully designed outdoor spaces promise endless hours of relaxation and enjoyment.
Adding to the allure, a cozy 1-bedroom apartment offers privacy and convenience with its separate parking and entrance, presenting a perfect opportunity for rental income or guest accommodation.
The two additional parcels, each featuring a 3-bedroom single-family home, offer a wealth of options for the discerning investor or homeowner. Live in the main residence and generate income by renting out the other structures, or explore the potential to develop new in this prime location.
Gillespie Park is well-known for its tranquil atmosphere, friendly community, and proximity to Downtown Sarasota’s bustling array of shops, restaurants, arts, and entertainment options. This is a rare chance to own a piece of Sarasota’s charm with the added flexibility and potential that these parcels offer.
Property Details
Price:
$3,250,000
MLS #:
A4618354
Status:
Active
Beds:
7
Baths:
4
Address:
628 N ORANGE AVENUE
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
HALLS SUB JAMES S
Neighborhood:
34236 – Sarasota
City:
SARASOTA
Listed Date:
Jul 26, 2024
State:
FL
Finished Sq Ft:
3,396
ZIP:
34236
Lot Size:
30,153 sqft / 0.69 acres (approx)
Year Built:
1926
Units:
4
Schools
Interior
Cooling
Central Air
Heating
Central, Electric
Laundry Features
Laundry Room
Exterior
Construction Materials
Block, Other, Stucco, Wood Siding
Exterior Features
Awning(s), Courtyard, Fenced, Lighting, Private Mailbox, Sidewalk
Roof
Metal, Shingle
Financial
Tax Year
2023
Taxes
$5,167
Map
Community
- Address628 N ORANGE AVENUE SARASOTA FL
- SubdivisionHALLS SUB JAMES S
- CitySARASOTA
- CountySarasota
- Zip Code34236
Similar Listings Nearby
Courtesy of HARRY ROBBINS ASSOC INC. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Stellar MLS. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Stellar MLS. All rights reserved. 628 N ORANGE AVENUE
SARASOTA, FL
Discover a unique and outstanding investment opportunity nestled in the heart of Sarasota’s sought-after Gillespie Park neighborhood. This remarkable collection consists of three parcels featuring a charming main Florida bungalow home, a detached 1-bedroom apartment, plus two additional single-family homes, each with three bedrooms. Embrace the luxury of owning nearly 0.69 acres of prime real estate in a vibrant community. 30,000 square feet of land offers a mixture of Downtown Edge (DTE) and Downtown Neighborhood (DTN) zoning. DTE zoning allows for up to 25 units an acre, and DTN allows for up to 12 units an acre; however, the DTE portion qualifies for the
Density Bonus program, which qualifies for the development of up to 34 units and commercial space.
The centerpiece of this fascinating compound is the main bungalow house, a true gem that radiates warmth and comfort, perfectly complemented by a serene pebble tech swimming pool and an inviting paver patio, ideal for soaking up the Florida sun or hosting unforgettable gatherings. The carefully designed outdoor spaces promise endless hours of relaxation and enjoyment.
Adding to the allure, a cozy 1-bedroom apartment offers privacy and convenience with its separate parking and entrance, presenting a perfect opportunity for rental income or guest accommodation.
The two additional parcels, each featuring a 3-bedroom single-family home, offer a wealth of options for the discerning investor or homeowner. Live in the main residence and generate income by renting out the other structures, or explore the potential to develop new in this prime location.
Gillespie Park is well-known for its tranquil atmosphere, friendly community, and proximity to Downtown Sarasota’s bustling array of shops, restaurants, arts, and entertainment options. This is a rare chance to own a piece of Sarasota’s charm with the added flexibility and potential that these parcels offer.
Density Bonus program, which qualifies for the development of up to 34 units and commercial space.
The centerpiece of this fascinating compound is the main bungalow house, a true gem that radiates warmth and comfort, perfectly complemented by a serene pebble tech swimming pool and an inviting paver patio, ideal for soaking up the Florida sun or hosting unforgettable gatherings. The carefully designed outdoor spaces promise endless hours of relaxation and enjoyment.
Adding to the allure, a cozy 1-bedroom apartment offers privacy and convenience with its separate parking and entrance, presenting a perfect opportunity for rental income or guest accommodation.
The two additional parcels, each featuring a 3-bedroom single-family home, offer a wealth of options for the discerning investor or homeowner. Live in the main residence and generate income by renting out the other structures, or explore the potential to develop new in this prime location.
Gillespie Park is well-known for its tranquil atmosphere, friendly community, and proximity to Downtown Sarasota’s bustling array of shops, restaurants, arts, and entertainment options. This is a rare chance to own a piece of Sarasota’s charm with the added flexibility and potential that these parcels offer.
Property Details
Price:
$3,250,000
MLS #:
A4618435
Status:
Active
Beds:
0
Baths:
0
Address:
628 N ORANGE AVENUE
Type:
Land
Subtype:
Quadruplex
Subdivision:
HALLS SUB JAMES S
Neighborhood:
34236 – Sarasota
City:
SARASOTA
Listed Date:
Jul 26, 2024
State:
FL
ZIP:
34236
Lot Size:
30,153 sqft / 0.69 acres (approx)
Year Built:
1926
Schools
Interior
Cooling
Central Air
Heating
Central, Electric
Laundry Features
Laundry Room
Exterior
Construction Materials
Block, Other, Stucco, Wood Siding
Exterior Features
Awning(s), Courtyard, Fenced, Lighting, Private Mailbox, Sidewalk
Roof
Metal, Shingle
Financial
Tax Year
2023
Taxes
$5,167
Map
Community
- Address628 N ORANGE AVENUE SARASOTA FL
- SubdivisionHALLS SUB JAMES S
- CitySARASOTA
- CountySarasota
- Zip Code34236
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